On June 17, the NADO Research Foundation hosted a webinar titled “Strengthening Regional Economic Resilience through Business Continuity Planning.” Gail Moraton, Business Resiliency Manager at the Insurance Institute for Business and Home Safety (IBHS), provided an overview of business continuity planning, discussed how RDOs and local leaders can support it in their regions, and shared free tools available from IBHS. Timothy Malone of the Central Connecticut Regional Planning Agency described his work to coordinate a wide array of public and private partners and raise awareness of emergency preparedness and business continuity approaches for small and medium-sized businesses in central Connecticut. This webinar was conducted with support from the U.S. Economic Development Administration.
Businesses’ ability to withstand natural disasters is essential for the recovery and resilience of communities and regional economies as a whole. The practice of business continuity planning can ensure that businesses survive severe weather events and other disruptions, providing a roadmap for ongoing operations under adverse conditions. Regional development organizations (RDOs), local governments, chambers of commerce, and other public and private entities can build the resilience of their communities by promoting and facilitating business continuity planning.
Click here to access the webinar recording and slides.
RestoreYourEconomy.org provides resources and best practice information for public and private stakeholders who are seeking to rebuild their local economies after an economic disruption, be it a natural disaster or man-made crisis, as well as assist the business community in preparing for a disruption.